What is one of the main roles of a property manager?

Study for the Kentucky Reciprocal Salesperson Test. Explore interactive flashcards and questions with detailed explanations. Ace your exam with confidence!

A property manager's primary role is to maintain and oversee rental properties, ensuring that the properties are well-managed and that tenants have a positive living experience. This involves a range of responsibilities, including but not limited to collecting rent, handling maintenance and repairs, addressing tenant issues, and ensuring compliance with local housing laws and regulations.

While selling properties, evaluating appraisals, and conducting market research are important functions in the real estate industry, they are typically the responsibilities of real estate agents or appraisers rather than a property manager. By focusing on the management aspects, property managers play a crucial part in maximizing the value of rental properties through efficient operation and tenant satisfaction.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy